All this debt crowds-out private investment. Here is the definition of the crowding-out effect.

High Corporate Tax Rates in US decrease Economic Growth and Job Creation:

The US has one of the highest corporate tax rates in the world. Read how this hinders job creation here. More here and here. And here is how high tax rates reduce incentives. Here is the 3M CEO who is very critical of regulation hurting job growth. And read here, the US will have the highest corporate taxes in the world!

Key Instructions: "First, you must be clear about the need for intervention. If you argue that the government should play a role, you must explain why. Further, you need to consider the benefits of government policies as well as their costs, and your account of the costs should consider possible unintended consequences. If you want to argue that the government should take a more hands-off approach, you need to explain why you think that will work better than the status quo."

March 1, 2011

There ain't no such thing as a free burrito. Well if you watch a video for a minute and a half, you can get the closest thing to a free burrito. Eat your heart out here, at the link on Facebook. Or check out the latest stock price.